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RM (LON:RM) Stock Passes Above 50 Day Moving Average - Here's Why

RM logo with Computer and Technology background

RM plc (LON:RM - Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 101.02 ($1.37) and traded as high as GBX 112 ($1.52). RM shares last traded at GBX 109 ($1.48), with a volume of 14,027 shares changing hands.

RM Stock Down 0.9%

The company has a current ratio of 1.00, a quick ratio of 0.38 and a debt-to-equity ratio of 543.30. The firm has a market capitalization of £92.07 million, a PE ratio of -1.98, a price-to-earnings-growth ratio of 0.40 and a beta of 2.19. The firm has a 50-day moving average of GBX 101.02 and a two-hundred day moving average of GBX 102.25.

RM (LON:RM - Get Free Report) last posted its quarterly earnings data on Tuesday, March 18th. The company reported GBX 11.80 ($0.16) earnings per share for the quarter. RM had a negative net margin of 24.97% and a negative return on equity of 311.10%. On average, equities research analysts forecast that RM plc will post 13.5042735 EPS for the current year.

About RM

(Get Free Report)

RM plc supplies products, services, and solutions to educational markets in the United Kingdom, Europe, North America, Asia, the Middle East, and internationally. It operates through three divisions: RM TTS, RM Assessment, and RM Technology. The company designs and owns proprietary products for schools; and offers platform delivery of digital assessment and exam marking solutions for accreditors, educators, and learners.

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